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Laox Holdings Co (TSE:8202) Gross Profit : 円19,833 Mil (TTM As of Mar. 2024)


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What is Laox Holdings Co Gross Profit?

Laox Holdings Co's gross profit for the three months ended in Mar. 2024 was 円4,109 Mil. Laox Holdings Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円19,833 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Laox Holdings Co's gross profit for the three months ended in Mar. 2024 was 円4,109 Mil. Laox Holdings Co's Revenue for the three months ended in Mar. 2024 was 円12,770 Mil. Therefore, Laox Holdings Co's Gross Margin % for the quarter that ended in Mar. 2024 was 32.18%.

Laox Holdings Co had a gross margin of 32.18% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Laox Holdings Co was 40.90%. The lowest was 23.02%. And the median was 29.36%.

Warning Sign:

Laox Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


Laox Holdings Co Gross Profit Historical Data

The historical data trend for Laox Holdings Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Laox Holdings Co Gross Profit Chart

Laox Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37,037.00 19,289.00 15,689.00 14,681.00 18,123.00

Laox Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,399.00 4,098.00 4,905.00 6,721.00 4,109.00

Competitive Comparison of Laox Holdings Co's Gross Profit

For the Specialty Retail subindustry, Laox Holdings Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Laox Holdings Co's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laox Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Laox Holdings Co's Gross Profit falls into.



Laox Holdings Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Laox Holdings Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=60187 - 42064
=18,123

Laox Holdings Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=12770 - 8661
=4,109

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円19,833 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Laox Holdings Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,109 / 12770
=32.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Laox Holdings Co  (TSE:8202) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Laox Holdings Co had a gross margin of 32.18% for the quarter that ended in Mar. 2024 => Competition eroding margins


Laox Holdings Co Gross Profit Related Terms

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Laox Holdings Co (TSE:8202) Business Description

Traded in Other Exchanges
N/A
Address
15F Sumitomo Shibakoen Building, 2-7-17 Shiba, Minato-ku, Tokyo, JPN
Laox Holdings Co Ltd is a Japan-based Duty-Free store company. It is engaged in the Retail business, Lifestyle fashion business, Entertainment business, and SC development project. The Retail business includes various products which it sells in real stores and through online sales, Lifestyle fashion business consists fashion related products along with interior goods, and others. The Entertainment business involves platforms such as eating, drinking, leisure, sports facilities and services such as restaurants and transportation, and the SC development project operates and manages complex commercial facilities.

Laox Holdings Co (TSE:8202) Headlines

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